No, there is not. But that doesn't change the fact that our government has become increasingly socialist, and thus the excessive taxes go to support a socialist redistribution scheme.
We pay those g*d*mn taxes involuntarily- why do you have a problem with that?
Well, yes. If the federal government stuck to it's Constitutional mandate there would be no need for those taxes, for you, me or corporations.
I ask, nay, demand the same from businesses who obviously are less patriotic than me !?
Corporations wouldn't pay one dime of taxes if the rate was 99% of their profits, it is passed down to the consumer or taken out of the return to the shareholders.
Expatriation makes for a more profitable US company and keeps jobs here.?!?
In the case of Stanley, they were only going to move the place of domicile, it was leaving the bulk of the operations here. If they can't save the $30 mil they were trying to save with the reincorporation move, to remain competative they may have to cut back on jobs in the States to get the same savings or move the production overseas.
It boils down to the fact that the government is squeezing to the point where moves like this make business sense. Anger over any proposed move like that should be directed at the government for making it uncompetative to remain when prospects are better elsewhere. The EU is complaining about 'unfair trade practices' in (relatively) low-tax nations (like the US), because their socialism is more complete and drains more production into the rat-hole of government, the least efficient part of any economy. Threats to sue or change the laws after a declared desire to relocate are tactics worth of a would be Stalin.